Knowchain main token sale event

Knowchain
Knownetwork
Published in
4 min readDec 25, 2018
Knowchain Main Sale Event

Dear all Knowchainers,

We thank you for all of your support to the Knowchain project these days. We are glad to announce that the main token sale event will happen today.

At the beginning of the project, we intended to sell 50% of the total Know Token supply. Now, there is a difference from the original allocation! Knowchain Team decided to burn 20% of the total KN supply and only kept 30% token for the main sale event.

TOKEN SALE DETAILS

Number of token burned: 1,559,096,461.8 KN. The burning was done at https://etherscan.io/tx/0xd25772b60bba9caaaf57fe32dea66aa777baf068a890052f8d202f4c81efcdc7

Number of token available for main sale event: 2,338,644,692.7 KN

Rate: 15,000 KN = 1 ETH

Main sale contract address: 0x0A5e34Ab31a1E589b470E7dEeaB7bF8B38a1d8d3

Token will be transferred and unlocked immediately.

The main sale event will last for 233 days in weekly batches. It means token for main sale will be released in 34 batches. Each batch takes a week from Monday to Sunday to complete.

Each batch from 1st to 33th offers 70,000,000 KN and the last batch offers 98,644,692.7 KN for sale during its weektime.

Batch 1 starts in 25th of December, 2018 (Tuesday) and end in 30th of December, 2018 (Sunday).

Batch 2 -> Batch 33 will start on Monday and end on Sunday of the week.

Batch 34 will start in 12th of August, 2019 (Monday) and end in 18th of August, 2019 (Sunday).

Unsold token of each batch will be burned forever at the end of the batch.

HOW TO BUY KN

Do not send ETH directly from any exchange, you will lose your KN to the exchange forever. Only use wallets that support ERC-20 token standard as our guide here:

  1. Buy KN using MyEtherWallet account:

To Address: 0x0A5e34Ab31a1E589b470E7dEeaB7bF8B38a1d8d3

Amount to Send: 5 [Choose the amount of ETH you want to invest, here 5 as example]

Gas Limit: 100,000 [To make sure your transaction go through hard times of the network]

  • Step 3: Wait for the transaction to be confirmed by the Ethereum network. Then go back to https://www.myetherwallet.com/#send-transaction. Click Add Custom Token on the right side (in the Token Balance area), then enter the information below

Token Contract Address: 0xbfd18F20423694a69e35d65cB9c9D74396CC2c2d

Token Symbol: KN

Decimals: 18

And click Save to display your KN balance.

2. Buy KN from Metamask account:

  • Step 1: Install Metamask as guide from https://metamask.io/
  • Step 2: Create a Metamask account, make sure to back up your Seed phrases. Import your wallet or deposit ETH to your new ETH address.
  • Step 3: When you are done and have ETH in your address. Make a transaction with the information below, be sure that you enter the correct To Address.

To: 0x0A5e34Ab31a1E589b470E7dEeaB7bF8B38a1d8d3

Amount: 5 [Choose the amount of ETH you want to invest, here 5 as example]

Transaction Fee: Fast

  • Step 4: Wait for the transaction to be confirmed by the Ethereum network. Then Click on Menu (top left button) and choose ADD TOKEN, click Custom Token then enter the information below

Token Contract Address: 0xbfd18F20423694a69e35d65cB9c9D74396CC2c2d

Token Symbol: KN (it should appear automatically)

Decimals: 18 (it should appear automatically)

And click Add Token to save your setting. Your KN balance will appear.

3. From your favorite wallet:

  • Step 1: Make sure your wallet support ERC-20 token standard.
  • Step 2: Make a transaction with the information below, be sure that you enter the correct To Address.

To: 0x0A5e34Ab31a1E589b470E7dEeaB7bF8B38a1d8d3

Amount: 5 [Choose the amount of ETH you want to invest, here 5 as example]

Gwei: 5 & Gas Limit: 100,000 [To make sure your transaction go through hard times of the network] (if your wallet support editing gas)

TRADE YOUR KN

Token will be transferred and unlocked immediately. So that you can trade your KN whenever you get KN from our main sale.

To trade KN, go to these exchanges (currently support KN trading):

  1. Bankcex (https://bankcex.com/)

2. Forkdelta (https://forkdelta.app/)

3. Tokenjar (https://tokenjar.io/)

4. Swap.online (https://swap.online/)

  • Go to Swap.online and make sure you back up your private key (Swap.online is the same as Metamask, it creates your wallet that ties to your browser)
  • Trade or do atomic swap between KN and BTC, ETH, USDT at

https://swap.online/btc-kn

https://swap.online/eth-kn

https://swap.online/usdt-kn/

Thank you,

Knowchain Team.

— — — -

Knowchain

A next generation blockchain designed for real world transactions.
Solving the Cryptocurrency Trust problems. Fast and Transparent.

Website: https://knownetwork.io/

Whitepaper: https://knownetwork.io/Knowchain_Whitepaper_V2.0.pdf

Bitcointalk: https://bitcointalk.org/index.php?topic=4718904.20

Telegram: https://t.me/KnowGlobalCommunity

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Knowchain
Knownetwork

Knowchain is a 2 layered blockchain that powers enriched decentralized Applications with Smart Contracts and Additional Information of users on-chain.